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Newspaper
Fort Wayne Journal Gazette
Location
Fort Wayne, Indiana, United States of America
Date
Dec 01, 1900
Page
6
Fragmentary OCR note describes capital or deposit instrument details including a large amount and a 3 percent interest on certificates and book deposits of $1.00. Mentions awards. Lacks clear dates or institutions.
The Pennsylvania system plans retirements for fifty-five to sixty employees by year’s end, many from Fort Wayne shops, with a majority over seventy to be retired under the pension scheme. Personnel shifts ripple through western lines as new staffing steps proceed, while electric-works restructuring and shopoverhauls redefine local labor across the area.
The text outlines a daily schedule from Louisville to Jacksonville with departures at 7:21 PM and arrivals in Jacksonville around 10 PM, plus an early morning arrival in Jacksonville. It mentions a 24 hour schedule, Crescent and Queen routes, and passenger services including sleeping cars and excursion offerings.
President Ashley of Wabash Railroads announces plans to construct a new Toledo to Montpelier line, about 57 miles, costing around 30 000 per mile. The project aims to provide a through Toledo to Chicago route with sufficient stock, financed by a first mortgage of 5 000 000 and a 40-year four percent bond issue. Bond net proceeds will fund construction, equipment, and expansion of passenger service, with work set to begin Monday.
The itemized report covers railroad companies and engine orders at Parkersburg and nearby yards. It notes a 2,600 horsepower Corliss engine for the Parkerburg Iron and Steel works, brass and machine shop activity, senatorial visits en route to Washington, and local pension system details affecting veterans in the region.
The text notes that a Pennsylvania company on its western lines will add a new number each year for its workers past seventy, who feel their age is not yet over and resist retirement, reflecting an ongoing debate about retirement age among older employees.
Jone of Wayne township died at home Friday at age 52. Survived by a wife and six children: Henry, Peter, Thomas Jackson, Mrs Lydia Adams, Mrs Hannah Hickmat, and Mrs Lucy Prautmill. Frank Stier, services 9:00 a.m. from home then St Marys Cath church. Treated names: Tae, 40 Lillie street, Cathedral 2:30 p.m. Charles Noll funeral Monday 8:30 a.m. residence 109 Barthold avenue, 2:00 p.m. church Previous Road.
November failures reached 850 with liabilities of 12,300,315 amid mixed trade signals. The report notes rising prices, stronger iron and steel activity, and a generally firmer dry goods market, while railroads buy, machinery demand grows, and wool and textile sectors face winter pressures.
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